Chinese stock market has gained momentum lately on the economic reopening and PBOC's monetary policy easing. Citigroup considers China a safe haven amid banking crisis in the United States and Europe,...
China stocks outperformed last week on reopening hopes, which sent the ETFs rallying.
KWEB, PGJ, KTEC, CHIC and FXI are part of the Zacks top Analyst Blog.
After being the world's worst performer for much of this year, Chinese stocks have staged a solid turnaround this month driven by a series of good news.
Wall Street continued to remain downbeat last week as inflation data sparked off continued faster Fed rate hike worries.
Chinese tech equities rebounded in late April as the nation's top political leaders hinted at easing the clampdown on tech firms.
China's stocks and ETFs registered a massive leap on Mar 16 after the country's state council promised to keep its stock market steady.